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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Lease cost
    YEAR ENDED  
    DECEMBER 31,  
    2019  
       
Operating lease expense   $ 212,221  
         
Finance lease expense:        
Amortization of right of use assets   $ 568,688  
Interest on finance lease liabilities     285,978  
         
Total finance lease expense   $ 854,666  
Supplemental information related to leases
    YEAR ENDED  
    DECEMBER 31,  
    2019  
       
Cash paid for amounts included in the measurement of lease liabilities:      
Operating cash flows from operating leases   $ 212,221  
Operating cash flows from finance leases     285,978  
Financing cash flows from finance leases     473,278  
         
Right of use assets obtained in exchange for lease obligations:        
Operating leases   $ -  
Finance leases   $ 471,919  

 

Supplemental balance sheet information related to leases was as follows:

 

    DECEMBER 31,  
    2019  
       
Operating lease right of use assets, net   $ 5,932,769  
Current portion of operating lease liabilities     599,619  
Operating lease liabilities, net of current portion     5,593,649  
         
Weighted average remaining lease term        
Operating leases     11.1  
Finance leases     1.1  
Weighted average discount rate        
Operating leases     5 %
Finance leases     5 %
Maturities of lease liabilities
    Operating Leases     Finance Leases  
2020   $ 774,339     $ 121,071  
2021     794,852       6,009  
2022     815,985       -  
2023     771,833       -  
2024     791,357       -  
Thereafter     4,074,464       -  
Total undiscounted operating lease payments     8,022,830       127,080  
Less: Imputed interest     1,950,778       5,864  
Total finance lease liability   $ 6,072,052     $ 121,216